“Your network is your net worth.” —Tim Sanders
As real estate investors, we all know the importance of building our networks. But is our network really connected to our net worth?! From my experience, the answer to this question is yes! When building a million-dollar network of private money investors, there are three levels that you want to reach.
In today’s video, I’m going to go over each step showing you the way to build an enormous private money network. We’ll cover the basic to advanced stages of this process. It all begins with people who trust, like, and respect you. Then you expand beyond this group. But a strong private money network always begins with people who already trust and like you.
Related: 4 Essential Steps to Take BEFORE Seeking Private Money
How to Purchase Real Estate With No (or Low) Money!
One of the biggest struggles that many new investors have is in coming up with the money to purchase their first real estate properties. Well, BiggerPockets can help with that too. The Book on Investing in Real Estate with No (and Low) Money Down can give you the tools you need to get started in real estate, even if you don’t have tons of cash lying around.
How to Build a Million-Dollar Network of Private Money Investors
Rome was not built in a day. Strengthening your network of private money investors takes time, energy, commitment, and focus. Remember, private money is a marathon, not a sprint.
What has worked for you when building your network of private money investors?
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